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Butterfield is offering a free class in money management and financial literacy to college and university students between the age of 18 and 30. The hour-long Butterfield 101 Money Management Programme will be held virtually at 6pm on Thursday, Augus...

Amendments to the Investment Business Act 2003 become effective today. Julie McLean, a director of international law firm Conyers said the Bermuda Monetary Authority has confirmed the effective date of the Investment Business (Amendment) Act 2022, wh...

The RG/BSX Index remained unchanged for the day at 2,230.73, with no trading on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited fell 75 cents (2.17 per cent) to close at $33.78 on the New York Stock Exchange.

Allied World Bermuda is concluding a structured eight-week summer internship programme on Friday, July 29 for four talented Bermudians — Eden Robinson (McGill University), Grace Reeves (Queens University), Madison Smith (Acadia University) and Nichol...

The Bank of N.T. Butterfield & Son Limited has reported net income of $49.1 million for the second quarter of the year. That is a 10.6 per cent increase compared with net income of $44.4 million in the first quarter of 2022, and a 24 per cent rise co...

A Hong Kong Chamber of Commerce webinar on Bermuda provided its online delegates with insight into the island’s international business platform. The Hong Kong-based audience of legal and financial sector professionals were told about Bermuda’s unique...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa” (Superior) of Bermudian-based Assured Guaranty Re Overseas Ltd. The outlook of these credit ratings is stable. The ratings reflect Agro...

The RG/BSX Index remained unchanged for the day at 2,230.73 with no turnover of local stocks on the Bermuda Stock Exchange. In New York, The Bank of N.T. Butterfield & Son Limited rose 84 cents (2.49 per cent) to close at $34.53.

Bermudian-based Fidelis Insurance Holdings Limited will create a new managing general underwriter that, subject to regulatory approval, will be separated from the existing balance sheet insurance companies. The new structure will allow each entity to...

Industry veteran Charlie Fry has rejoined American International Group Inc, the global insurance organisation. After departing AIG in 2020, Mr Fry served as chief executive officer of Acacia Holdings Ltd, the Bermudian-based capital investment compan...